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U.S. Gross Domestic Product Report

GDP, U.S. Economy



In III Quarter 2017 Gross domestic product increased by 3.20 % at seasonally adjusted annual rate from previos quarter and increased by 2.30 % from III Quarter 2016 to $19,500.6 billions.

  • Personal consumption expenditures moved up by 2.60 % from III Quarter 2016 and at seasonally adjusted annual rate advanced by 2.20 % from preceding period.


  • Gross private domestic investment rose by 4.60 % from III Quarter 2016 and at seasonally adjusted annual rate grew by 7.30 % from preceding period.

    More on U.S. Real Gross Domestic Product

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Contributions to Percent Change in Real GDP
13,429.10% 3,249.20% 3,356.50% -534.10%
 
 
   International Trade
International

Net exports of goods and services improved by 2.20 % from III Quarter 2016 and at seasonally adjusted annual rate rose by 2.10 % from preceding period.

While U.S. imports of goods and services saw an increase by 3.10 % from III Quarter 2016 and at seasonally adjusted annual rate declined by -0.70 % from the preceding period.



More GDP Growth
 

    Government Consumption    Diversified
Government

Government consumption expenditures & gross investment declined by -0.10 % from III Quarter 2016 and at seasonally adjusted annual rate rose by 0.70 % from preceding period.

Contributions to GDP Growth by Industry

GNP, Compensations, Corporate Profits

Gross national product (GNP) went up by 2.40 %, from III Quarter 2016 and rose by 3.70 %, from II Quarter 2017.

National income grew by 2.70 %, from III Quarter 2016 and advanced by 0.99 %, from II Quarter 2017.

Compensation of employees increased by 1.58 % to $10,336.5 billions from III Quarter 2016 and rose by 0.63 % from preceding period , now representing 61.93% of National income.

Corporate profits with inventory valuation & capital consumption adjustment rose by 3.50 %, to $ 2,213.7 billions from III Quarter 2016 and advanced by 4.25 % from II Quarter 2017 , now representing 13.26 % of National income.

Relation of U.S. GDP, U.S. GNP
Corporate Profits by Industry

   


Next U.S. GDP report is expected on February 25, 2121.
Source: Department of Commerce


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